Tags: Harcourts New South Wales
Harcourts NSW’s Sales Soar
Despite a challenging year for the property market, Harcourts New South Wales have posted a 26 per cent surge in settle sales, announced CEO, Sadhana Smiles at the group’s recent annual awards ceremony.
“This year we have had more words than ever to describe the real estate market – soft, changing, challenging, tough, stable, optimistic, bullish, weak, buyers and investor market, rough, hammered, upbeat.
“We have a two speed economy that is impacting the retail, corporate and property sector, there is low confidence in our leaders, Europe is still unstable, and despite the latest RBA rate cut there seems to be a battle between the banks and the RBA leaving us wondering who is running the economy,” Ms Smiles said in her opening address at the awards ceremony.
“The story is the same across not just NSW but most of Australia. Stock levels are high but buyers…
Action Needed on Interest Rates
Despite the decision of the Reserve Bank to keep interest rates on hold, it seems the major banks are bucking the system and raising their rates independently. Sadhana Smiles, Chief Executive Officer of Harcourts New South Wales, asks “Who is in charge – the banks or the RBA?”
“The banks have justified their actions by blaming rising funding costs regardless of the fact that they are still making large profits and that there is a degree of economic uncertainty offshore, particularly in Europe,” Ms Smiles said.
“Another factor which will impact rates is the recent unemployment figures. More jobs are being created than predicted which suggests that perhaps consumer spending will not lower therefore taking the pressure off inflation, all of which weakens the case for an interest rate cut come May,” Ms Smiles suggested.
In contrast to the action of the big banks, the…
Harcourts Berry Bucks Market Trends
Real estate office, Harcourts Berry in regional New South Wales has bucked the challenging conditions within the state’s property market by recently selling three properties within three days.
Principal of Harcourts Berry, Leanne Pugh is delighted with these results and believes the sales are the result of several important factors.
“In this market, perseverance is crucial, as is developing targeted and sufficient marketing campaigns.
“I also believe that local knowledge is incredibly important. My sales consultants and I have years of local knowledge and that’s really helping when it comes to communicating with the vendors and potential buyers,” Leanne said.
Leanne suggests that Berry’s property market is incredibly diverse, but is essentially a lifestyle market.
“Berry is a lifestyle area with a range of diverse property options. We find that the area attracts a wide range of buyers both from the local area and buyers…
Tags: Harcourts Berry, Harcourts New South Wales, Leanne Pugh, property market, property prices, property sales, real estate, Sadhana Smiles
Rare Leichhardt Gem Goes to Auction
Real estate firm, Harcourts PropertyLink Group is set to host an exciting public auction as one of the suburb’s highly sought-after properties is planned to go under the hammer on Saturday, the 14th of April.
Steven Murabito, Business Owner of Harcourts PropertyLink, will be hosting the auction on the charming three bedroom, one bathroom Leichhardt home – a true renovators delight.
The property, which is located on the quiet north side of Elswick Street, provides easy access to the City West Link, and is within easy walking distance of Leichhardt’s cosmopolitan shopping and dining district.
“Leichhardt is a strategic area in Sydney as it is only six kilometres from the CBD. The property is in a very good location and this is a property that requires renovations, so there is the potential to add significant value and profit,” Steven said.
“The property has retained a great deal…
Tags: auction, auctioneering, Harcourts New South Wales, Harcourts Propertylink Group, property sales, real estate, Sadhana Smiles, Steven Murabito
Market Sentiment Improves in NSW
Despite the current uncertainty within New South Wales’ property market, a recent survey conducted by real estate group, Harcourts New South Wales has found that both buyers and sellers are optimistic about the future of property prices.
The survey, which was completed externally by over 1,400 respondents who had either bought or sold property through Harcourts over the past 12 months shows that, overall, both buyers and sellers are confident about the future of the property market.
The survey revealed that almost 46 per cent of respondents believe that property prices will increase over the next 12 months, while almost 37 per cent of respondents believe that property prices will remain stable.
The survey results also suggest that investors are back in force with almost 49 per cent of respondents suggesting that they had recently purchased property for investment purposes.
Sadhana Smiles, Chief Executive Officer of Harcourts…
Tags: consumer confidence, Harcourts New South Wales, property market, property prices, Sadhana Smiles
Are We Making the Most of Technology?
The evolution of technology and the online opportunities it provides is there to make our lives easier, increase efficiency, provide better levels of service to our customers, and simplify processes. Sadhana Smiles, Chief Executive Officer of Harcourts NSW, asks “Is this really the case?”
“We have access to all the latest gadgets and software systems; however my question is how many of us are using these opportunities in our business effectively? There are so many technologies available to us, but unless we are able to use them to create more time, space and efficiency, we just end up with many fabulous toys,” Ms Smiles said.
“In the real estate industry, we tend to love a good sales pitch, especially when it comes to having every new, cool gadget that we think might give us the edge,” Ms Smiles added.
Ms Smiles suggests that the advent…
Tags: Harcourts New South Wales, iPad, real estate, Sadhana Smiles, Technology, training